First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Announces Monthly Dividend of $0.03

First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Get Rating) announced a monthly dividend on Thursday, April 28th, Zacks reports. Shareholders of record on Monday, May 2nd will be given a dividend of 0.028 per share on Wednesday, May 4th. This represents a $0.34 annualized dividend and a yield of 0.56%. The ex-dividend date is Friday, April 29th. This is a boost from First Trust Enhanced Short Maturity ETF’s previous monthly dividend of $0.02.

Shares of FTSM stock opened at $59.52 on Friday. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.45 and a 1-year high of $60.00. The stock’s fifty day moving average price is $59.56 and its 200 day moving average price is $59.72.

Several hedge funds have recently modified their holdings of FTSM. NewEdge Advisors LLC increased its stake in First Trust Enhanced Short Maturity ETF by 42.8% during the 4th quarter. NewEdge Advisors LLC now owns 107,725 shares of the company’s stock worth $6,442,000 after buying an additional 32,306 shares in the last quarter. Titleist Asset Management LTD. purchased a new stake in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $205,000. Strategic Wealth Advisors Group LLC increased its stake in First Trust Enhanced Short Maturity ETF by 15.8% during the fourth quarter. Strategic Wealth Advisors Group LLC now owns 23,170 shares of the company’s stock worth $1,385,000 after purchasing an additional 3,164 shares during the period. NEXT Financial Group Inc increased its stake in First Trust Enhanced Short Maturity ETF by 9.1% during the fourth quarter. NEXT Financial Group Inc now owns 10,808 shares of the company’s stock worth $647,000 after purchasing an additional 901 shares during the period. Finally, Belpointe Asset Management LLC grew its position in shares of First Trust Enhanced Short Maturity ETF by 82.2% during the fourth quarter. Belpointe Asset Management LLC now owns 4,327 shares of the company’s stock worth $259,000 after buying an additional 1,952 shares in the last quarter.

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